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Author Topic: [ANN][VRC] VeriCoin Proof of Stake-Time Currency | New Roadmap Released  (Read 1346489 times)
coine_smithe
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June 12, 2014, 07:11:40 PM
 #3081

I'm not making a stance if this coin is going up or down. I just don't like the huge head the dev has on himself so I don't support it. I am not here to get rich, I have enough and support advances to cryptotechnology. Hence why I used to really like this coin.

Anyone else notice the announcements about futures developments constantly? How about just wait a few days and announce it when it's done rather than hyping it up? Too much hype means price inflation. Let the code speak for itself. These guys think they are the smartest people in the world, I have yet to see anything to back that up.

Hey, it's cool that I've got someone who trolls me already. I guess that's good news. I'm not sure if you've been paying attention, but VeriCoin was attacked by both CRY and CLOAK first (the CRY dev and Iconic Expert). So of course it was fun telling the Cloak guys they could buy some cheap VRC.

We don't think we're smarter than everyone else in the world though we do have one of the most elite programmers on our team (Dev3) in the world. Whatever code Effects and I can't get working our wonderful Dev3 can. Also, if you haven't noticed we announced and launched VeriSMS within a week of its announcement.

We pride ourselves on our openness and our ability to follow through. My primary issue with your statement is that you think I want attention, etc. but in reality the other VRC devs asked me to be the frontman because I'm the most adept with social media.

Anyway, just watch. You can think I'm full of myself. I think if I were highly egotistical I would have used twitter before we launched VeriCoin.

I saw you say on twitter that you guarantee your code is better than everyone else's. That is extremely egotistical and false. It is something that is not possible for you to know.

Claiming to have on of the most elite programmers in the world is just your opinion and comes across as egotistical. I am not here to argue with you but just stating my opinion. Let's stay away from calling people names, etc.?

I never said you wanted attention, that is a false assumption that you made. I said you had a huge ego and I am doing this to help you improve your situation.

cheers,

First, the appropriate word would be "egocentric", not "egotistical", that have quite a different meaning and nothing to do with the intended purpose.

What "kryptologist" say is true, regarding the code, if in fact you issued such a "guarantee", which is plain stupid, big head or no big head. Just plain stupid. And, of course, untrue. It is also true his comment about your statement regarding the "elite programmers" and Dev3. Where is the official ranking that determines that elite? Just because you own a Ford and love it it doesn't mean it is at the same level than BMW, you know?

In any case, you being the appointed "front man", should be much more careful in your verbiage because it is written, forever, so it is important what you choose to say.

Talking about which, perhaps some more hype wouldn't hurt the coin at all, pricewise or volume-wise. We are now on a long-standing (by crypto standards, that is) in which the price is quite stagnant and only tilting down. In spite of what you just announced. It seems that not attaching an estimated date of delivery works rather negatively. Just as a suggestion, to avoid what you perceive mistakes of the past, I would set a generous ETA, much rather than a convenient -for you and your elite programmers, no one else- "we'll announce it when it's ready". It would be a very nice pattern to establish, making announcements of features, with ETA, that are constantly beaten. It's called, in the financial world, "under-promise and over-deliver". And it works like magic.

You should try it.

Thanks for the advice. I appreciate it. My apologies on the word choice. I'm honestly not concerned about the price as I'm not selling mine anytime soon. I believe it will rise when people see VeriCoin's utility. The mistake in the past that we are trying to stay away from is people holding coin until a release and then dumping once it's delivered.

Let's break apart the egotistical claim

e·go·tis·ti·cal
ˌēgəˈtistikəl/
adjective
adjective: egotistic; adjective: egotistical

    excessively conceited or absorbed in oneself; self-centered.
    "he's selfish, egotistical, and arrogant"
    synonyms:   self-centered, selfish, egocentric, egomaniacal, self-interested, self-seeking, self-absorbed, narcissistic, vain, conceited, self-important; More

I'd like to focus on the self-interested part of the definition. I'd argue that the claim that the code will be better than anyone else's is based on the skill of the team, not on pnosker's personal skill. If he was the only developer on this coin I agree it would seem somewhat self-aggrandizing to shout "I have the best code!!1". To me it just came off as being excited in the team and confidence that the team would produce something remarkable. It is probably justified based off of the friends that pnosker has such as Dan Kaminsky. If it were anonymous coin dev #101,321 I'd roll my eyes, but in this case I don't mind it.

I think Barabbas has a good point about setting a generous ETA that you think you can beat. I think it's ok to allow hype to build up. For better or worse the best promotional tool in crypto is a rising price. Some of the holders of this coin are really sweet, honest folk but they also have a lot on the line. Some of them have an uncomfortable amount of money on the line. It might put them at ease if they could at least have some idea of when things are expected rather than biting their nails in anticipation.

Also, I don't think the price tanked just because of the "buy the rumor, sell the news" effect. There are multiple factors at play here. I'll list them in order of importance below:
  • Bitcoin price began floundering earlier this week which has hit the whole alt market, not just this coin.
  • For better or worse, there is a perception in the community right now that the anon is the killer app. SMS in my opinion will drive investment from actual business investors, but anon is the hype feature. The fact that it is floating around with no ETA is whale bait that they are using to seed uncertainty and cause smaller holders to get scared and jump ship.
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Bitcycle
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June 12, 2014, 07:21:00 PM
 #3082


Thanks for the advice. I appreciate it. My apologies on the word choice. I'm honestly not concerned about the price as I'm not selling mine anytime soon. I believe it will rise when people see VeriCoin's utility. The mistake in the past that we are trying to stay away from is people holding coin until a release and then dumping once it's delivered.

I get why you say you don't care about price. But you should. 

Price is a proxy for the coin's reputation, and if it goes too low for too long, it won't matter what you do.  It will be dead, and it will stay dead.  Right or wrong, that's how alts work.

This isn't just an engineering exercise, it's a business venture.  And marketing and reputation matter.


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June 12, 2014, 07:25:17 PM
 #3083

I'm not making a stance if this coin is going up or down. I just don't like the huge head the dev has on himself so I don't support it. I am not here to get rich, I have enough and support advances to cryptotechnology. Hence why I used to really like this coin.

Anyone else notice the announcements about futures developments constantly? How about just wait a few days and announce it when it's done rather than hyping it up? Too much hype means price inflation. Let the code speak for itself. These guys think they are the smartest people in the world, I have yet to see anything to back that up.

Hey, it's cool that I've got someone who trolls me already. I guess that's good news. I'm not sure if you've been paying attention, but VeriCoin was attacked by both CRY and CLOAK first (the CRY dev and Iconic Expert). So of course it was fun telling the Cloak guys they could buy some cheap VRC.

We don't think we're smarter than everyone else in the world though we do have one of the most elite programmers on our team (Dev3) in the world. Whatever code Effects and I can't get working our wonderful Dev3 can. Also, if you haven't noticed we announced and launched VeriSMS within a week of its announcement.

We pride ourselves on our openness and our ability to follow through. My primary issue with your statement is that you think I want attention, etc. but in reality the other VRC devs asked me to be the frontman because I'm the most adept with social media.

Anyway, just watch. You can think I'm full of myself. I think if I were highly egotistical I would have used twitter before we launched VeriCoin.

I saw you say on twitter that you guarantee your code is better than everyone else's. That is extremely egotistical and false. It is something that is not possible for you to know.

Claiming to have on of the most elite programmers in the world is just your opinion and comes across as egotistical. I am not here to argue with you but just stating my opinion. Let's stay away from calling people names, etc.?

I never said you wanted attention, that is a false assumption that you made. I said you had a huge ego and I am doing this to help you improve your situation.

cheers,

First, the appropriate word would be "egocentric", not "egotistical", that have quite a different meaning and nothing to do with the intended purpose.

What "kryptologist" say is true, regarding the code, if in fact you issued such a "guarantee", which is plain stupid, big head or no big head. Just plain stupid. And, of course, untrue. It is also true his comment about your statement regarding the "elite programmers" and Dev3. Where is the official ranking that determines that elite? Just because you own a Ford and love it it doesn't mean it is at the same level than BMW, you know?

In any case, you being the appointed "front man", should be much more careful in your verbiage because it is written, forever, so it is important what you choose to say.

Talking about which, perhaps some more hype wouldn't hurt the coin at all, pricewise or volume-wise. We are now on a long-standing (by crypto standards, that is) in which the price is quite stagnant and only tilting down. In spite of what you just announced. It seems that not attaching an estimated date of delivery works rather negatively. Just as a suggestion, to avoid what you perceive mistakes of the past, I would set a generous ETA, much rather than a convenient -for you and your elite programmers, no one else- "we'll announce it when it's ready". It would be a very nice pattern to establish, making announcements of features, with ETA, that are constantly beaten. It's called, in the financial world, "under-promise and over-deliver". And it works like magic.

You should try it.

Thanks for the advice. I appreciate it. My apologies on the word choice. I'm honestly not concerned about the price as I'm not selling mine anytime soon. I believe it will rise when people see VeriCoin's utility. The mistake in the past that we are trying to stay away from is people holding coin until a release and then dumping once it's delivered.

Let's break apart the egotistical claim

e·go·tis·ti·cal
ˌēgəˈtistikəl/
adjective
adjective: egotistic; adjective: egotistical

    excessively conceited or absorbed in oneself; self-centered.
    "he's selfish, egotistical, and arrogant"
    synonyms:   self-centered, selfish, egocentric, egomaniacal, self-interested, self-seeking, self-absorbed, narcissistic, vain, conceited, self-important; More

I'd like to focus on the self-interested part of the definition. I'd argue that the claim that the code will be better than anyone else's is based on the skill of the team, not on pnosker's personal skill. If he was the only developer on this coin I agree it would seem somewhat self-aggrandizing to shout "I have the best code!!1". To me it just came off as being excited in the team and confidence that the team would produce something remarkable. It is probably justified based off of the friends that pnosker has such as Dan Kaminsky. If it were anonymous coin dev #101,321 I'd roll my eyes, but in this case I don't mind it.

I think Barabbas has a good point about setting a generous ETA that you think you can beat. I think it's ok to allow hype to build up. For better or worse the best promotional tool in crypto is a rising price. Some of the holders of this coin are really sweet, honest folk but they also have a lot on the line. Some of them have an uncomfortable amount of money on the line. It might put them at ease if they could at least have some idea of when things are expected rather than biting their nails in anticipation.

Also, I don't think the price tanked just because of the "buy the rumor, sell the news" effect. There are multiple factors at play here. I'll list them in order of importance below:
  • Bitcoin price began floundering earlier this week which has hit the whole alt market, not just this coin.
  • For better or worse, there is a perception in the community right now that the anon is the killer app. SMS in my opinion will drive investment from actual business investors, but anon is the hype feature. The fact that it is floating around with no ETA is whale bait that they are using to seed uncertainty and cause smaller holders to get scared and jump ship.

I agree 100%.

The only problem with hype arises from inability to deliver on the promises. But it is VERY important, in my opinion, that the buzz continues for a new coin like this to reach the prominence it may end up deserving... and it is not even close to there yet. Why not hyping Verisend. If you estimate that you will have it ready, or ready for public testing, in a week, why not announce an ETA of 10 days, giving you that way the margin in case delays occur? If those delays don't occur, you will over-deliver and the buzz will be enormous. Much more so if you begin to establish a pattern of over-delivery (that also applies to additional features that you may want to include along with Verisend).

You, pnosker, say you don't care about the price. But you should. And, actually, you do. Because just after affirming such, on the next phrase, you admit to having decided in this misguided (my opinion) policy, you point out that the reason for it is to try to avoid the dumpings of the past. Well, you cannot avoid the most usual practice by daytraders on any market: Buy the rumor sell the news. Nor should you concern yourself about that at all. The market will do what the market will do, but the obligation of a media front man is to keep the product alive and buzzing in the media. That, you can control and should promote -along with the entire community-; the market you can't.
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June 12, 2014, 07:32:03 PM
 #3084

OMG personal attacks on pnosker, because fuders can't fud quality and devotion of vericoin/team.

About media as i understand, already in progress to hire a company from Bristol to do that.

Pnosker is more than enough, to handle kindergarten BCT forum.
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June 12, 2014, 07:44:40 PM
 #3085

VRC is still a solid coin. Trade volume is down, but that is down for other coins as well. There is ebb and flow, sometimes VRC may move down in trade volume, but it can go back up just as easily. VRC has immense value and time will prove this. Hold, don't sell. It's like getting Bitcoin at the bottom.
coine_smithe
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June 12, 2014, 07:47:17 PM
 #3086

Quit watching the Bitcoin price, quit watching the Vericoin price, and just go enjoy Father's day weekend with your family or friends. Pull your coins off the exchange and stake them, kick back and sip a brew, because when the Bitcoin price comes back up, and the Verisend is released, expect to enter the top 10 on coinmarketcap.com.



Just imagine your future yacht!

 Cool
barabbas
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June 12, 2014, 08:03:27 PM
 #3087

Wow, powerful imagery...
sdmathis
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June 12, 2014, 08:13:16 PM
 #3088

I want one. Smiley

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June 12, 2014, 08:23:09 PM
 #3089

Quit watching the Bitcoin price, quit watching the Vericoin price, and just go enjoy Father's day weekend with your family or friends. Pull your coins off the exchange and stake them, kick back and sip a brew, because when the Bitcoin price comes back up, and the Verisend is released, expect to enter the top 10 on coinmarketcap.com.



Just imagine your future yacht!

 Cool

Yes, please. Fantastic yacht/water condo.

Can't wait until it breaks through into the top 10. Needs to be $11,000,000 market cap and we will be sitting pretty at 0.0007000BTC/VRC, and it will only go up from there.
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June 12, 2014, 08:28:01 PM
 #3090

When i see this guy selling at 14200, it reminds me of my Darkcoin sell at 0.003..
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June 12, 2014, 08:29:28 PM
 #3091

Back to pre pump price 10-11k.
Bitcycle
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June 12, 2014, 08:35:21 PM
 #3092

When i see this guy selling at 14200, it reminds me of my Darkcoin sell at 0.003..

Eh.  Everything's gonna go down when BTC drops so much.  Just how it is.
bit-coin.pt
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June 12, 2014, 08:43:59 PM
 #3093

Hey people, you must retweet this! (@the moment 19 Retweets)

https://twitter.com/PTBitcoin/status/477178261727100929

Bit-Coin.pt - A divulgar a Bitcoin em Portugal - Ajuda o projecto com donativos para 18brXUnsJEXmmEwuwdf7QfkfwQY341492f
X-Laboratories
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June 12, 2014, 09:05:31 PM
 #3094

I'm not making a stance if this coin is going up or down. I just don't like the huge head the dev has on himself so I don't support it. I am not here to get rich, I have enough and support advances to cryptotechnology. Hence why I used to really like this coin.

Anyone else notice the announcements about futures developments constantly? How about just wait a few days and announce it when it's done rather than hyping it up? Too much hype means price inflation. Let the code speak for itself. These guys think they are the smartest people in the world, I have yet to see anything to back that up.

Hey, it's cool that I've got someone who trolls me already. I guess that's good news. I'm not sure if you've been paying attention, but VeriCoin was attacked by both CRY and CLOAK first (the CRY dev and Iconic Expert). So of course it was fun telling the Cloak guys they could buy some cheap VRC.

We don't think we're smarter than everyone else in the world though we do have one of the most elite programmers on our team (Dev3) in the world. Whatever code Effects and I can't get working our wonderful Dev3 can. Also, if you haven't noticed we announced and launched VeriSMS within a week of its announcement.

We pride ourselves on our openness and our ability to follow through. My primary issue with your statement is that you think I want attention, etc. but in reality the other VRC devs asked me to be the frontman because I'm the most adept with social media.

Anyway, just watch. You can think I'm full of myself. I think if I were highly egotistical I would have used twitter before we launched VeriCoin.

I saw you say on twitter that you guarantee your code is better than everyone else's. That is extremely egotistical and false. It is something that is not possible for you to know.

Claiming to have on of the most elite programmers in the world is just your opinion and comes across as egotistical. I am not here to argue with you but just stating my opinion. Let's stay away from calling people names, etc.?

I never said you wanted attention, that is a false assumption that you made. I said you had a huge ego and I am doing this to help you improve your situation.

cheers,

First, the appropriate word would be "egocentric", not "egotistical", that have quite a different meaning and nothing to do with the intended purpose.

What "kryptologist" say is true, regarding the code, if in fact you issued such a "guarantee", which is plain stupid, big head or no big head. Just plain stupid. And, of course, untrue. It is also true his comment about your statement regarding the "elite programmers" and Dev3. Where is the official ranking that determines that elite? Just because you own a Ford and love it it doesn't mean it is at the same level than BMW, you know?

In any case, you being the appointed "front man", should be much more careful in your verbiage because it is written, forever, so it is important what you choose to say.

Talking about which, perhaps some more hype wouldn't hurt the coin at all, pricewise or volume-wise. We are now on a long-standing (by crypto standards, that is) in which the price is quite stagnant and only tilting down. In spite of what you just announced. It seems that not attaching an estimated date of delivery works rather negatively. Just as a suggestion, to avoid what you perceive mistakes of the past, I would set a generous ETA, much rather than a convenient -for you and your elite programmers, no one else- "we'll announce it when it's ready". It would be a very nice pattern to establish, making announcements of features, with ETA, that are constantly beaten. It's called, in the financial world, "under-promise and over-deliver". And it works like magic.

You should try it.

"The idea behind this concept is that, by keeping customer expectations low and routinely exceeding them, an individual or company will develop a good reputation.

When someone makes ambitious claims and promises and then fails to live up to them, customers tend to grow irritated, feeling that false advertisements were made. Routinely failing to live up to expectations can make a company look bad, especially when the company itself sets those expectations. Products that are routinely delivered late, projects that are never completed, and deadlines that are never met are a great way to infuriate customers. One way to avoid this problem is to under promise and over deliver."
http://www.wisegeek.org/what-does-it-mean-to-under-promise-and-over-deliver.htm

honestly...+11111
and...be friends...we re on the same rock....
"There is no failure only feedback". - Robert Allen

"sine secretum non libertas"
BTC 1ABmTBQ3BAJ8tY6EpPM9a6ZoaWsaJipdGV
LTC LS5ejuvBJFAEZEDhYf3KAN8nGjjayTYxez
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June 12, 2014, 09:12:23 PM
 #3095

Send VeriCoin to the North American Bitcoin Conference
 
Project
by Patrick Nosker

Will you let me know whether you received the donation? cause I couldn't finalise the process as I received the message that something like 2 cents were missing (That's the commission Mintpal took for sending the amount in BTC).

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June 12, 2014, 09:20:09 PM
 #3096

LOL I didn't mean to cause any arguments, especially about the definition of terms. I will just say that there have been some false claims and I believe the VeriCoin team should have a new front man/change their ways. It would be best for the PR and this coin has potential. Seriously not trying to FUD just giving my advice.
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June 12, 2014, 09:20:47 PM
 #3097

Announcement

You can find(within two hours) on Play store Vericoin price ticker Android app.

The app can be found in the Play store by searching on the following:
- VRC price
- VRC price ticker
- Vericoin price
- Vericoin price ticker
- Price ticker

Or by going to the link: https://play.google.com/store/apps/details?id=nl.wiskunde.vrc&hl=nl

Sincerely,

Wiskunde

Twitter: https://twitter.com/@WISKUNDESTUDENT

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June 12, 2014, 09:23:34 PM
 #3098

LOL I didn't mean to cause any arguments, especially about the definition of terms. I will just say that there have been some false claims and I believe the VeriCoin team should have a new front man/change their ways. It would be best for the PR and this coin has potential. Seriously not trying to FUD just giving my advice.

I'm unaware of ANY false claims.

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June 12, 2014, 09:30:25 PM
 #3099

Hey people, you must retweet this! (@the moment 19 Retweets)

https://twitter.com/PTBitcoin/status/477178261727100929


@the moment 25 Retweets, and you? have you retweeted? If you support the project you must retweet this! Let's go anti-FUD Wink

Bit-Coin.pt - A divulgar a Bitcoin em Portugal - Ajuda o projecto com donativos para 18brXUnsJEXmmEwuwdf7QfkfwQY341492f
coine_smithe
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June 12, 2014, 09:32:01 PM
 #3100

LOL I didn't mean to cause any arguments, especially about the definition of terms. I will just say that there have been some false claims and I believe the VeriCoin team should have a new front man/change their ways. It would be best for the PR and this coin has potential. Seriously not trying to FUD just giving my advice.

I'm unaware of ANY false claims.

Ya can you be more specific? I think you're taking this too far calling for him to step down his presence as front man. You seem to be the only one with such a problem with him.

https://twitter.com/CryptoBrah/status/474046635194863616

Here's the comment in question:

"I can pretty much guarantee that #VeriCoin's Anon feature will be the fastest of them all. #VRC"

He even uses the qualifier "pretty much". It is a little hyperbolic, but look at the responses in this tweet. Overall people show excitement. One twitter user even remarks, "how is that BS? It's just hype. It's BS when it isn't delivered. So far #VRC delivers!"

So users perceive that VRC delivers.

I don't see the problem here.
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